70a Rosewater Terrace, Ottoway, SA 5013

A perfect opportunity to invest in a prime building fully leased and occupy or lease the adjacent vacant warehouse warehouse. Comprising two allotments (Lot 51 2557 m2 and Lot 92 1684 m2) Lot 51 Fully Leased to Building Industrial Supplies Group that is owned by MM Fasteners Pty Limited, a wholly owned subsidiary of Metal Manufactures Pty Limited (MMPL). MMPL is one of the largest privately-owned industrial conglomerates in Australia, operating across Australia and New Zealand through more than 450 wholesale and distribution outlets. The lease commenced 3rd October 2022 and expires 2nd October 2027 with a further right of renewal to 2nd October 2032. for a net annual passing rental of approximately $156,428. The property comprises two storey offices, cellar and amenities of 435 m2, showroom of 120 m2 and good clearance warehouse of 575 m2. Lot 92 Good clearance warehouse with reinforced heavy duty floor, office and mezzanine of 438 m2 on land 1684 m2 offered with vacant possession. Ample hardstand and good access to the Port, Northern Expressway, major transport routes and CBD. A fantastic off market opportunity being offered exclusively to our data base. * Note: All areas/dimensions approximate. RLA 205498